American Airlines and U.S. Airways are taking the Justice Department to court to contest a lawsuit against their merger. Kevin Starke, CRT Capital Group analyst, provides a legal perspective on the case.

A new study shows airlines worldwide set a new record in 2012 racking up $27.1 billion in ancillary revenue. The 19.9% increase in money collected from non-fare revenue sources shows airlines are expanding how they generate profits.

Adam Pilarski, Senior Vice President at Avitas says that bigger isn't always better when it comes to the airline space, and that the $11 billion merger between AMR Corp and US Airways isn't a good idea.